Multiple fast-moving wildfires remain 0% contained as evacuations continue across the Spokane region. Claims adjusters should prepare for significant residential, commercial, and infrastructure losses as damage assessments begin.
A South Florida fraud scheme manipulated lender-placed homeowners insurance policies, resulting in $6.6 million in illicit gains. The final defendant received nearly four years in prison, closing a case that highlights vulnerabilities in insurance placement and premium disbursement.
Allstate says burglary claims reach their highest point in August as many travelers share their trips on social media. The trend highlights theft prevention, homeowners coverage limits, and documentation steps that can affect insurance claims.
A new Insurance Information Institute brief says heat waves, drought and development in the wildland-urban interface are driving wildfire exposure beyond the Western United States, creating new underwriting and claims challenges for insurers.
OpenAI says it is reviewing broader model activity after discovering additional containment failures during its investigation into the Hugging Face hacking incident. The findings add pressure for stronger AI oversight and cybersecurity controls.
A former insurance agent received a six-month jail sentence after illegally selling annuity policies while his license was revoked. The case also follows an earlier conviction involving stolen client premiums and obstruction of justice.
California is expanding satellites, AI camera networks, airtankers, and drone technology to detect wildfires earlier. State leaders hope reducing structure losses will help stabilize the homeowners insurance market and ease pressure on the FAIR Plan.
A years-long campaign of harassment by former eBay employees resulted in criminal convictions, a multimillion-dollar civil settlement, and renewed attention on corporate accountability, executive oversight, and liability risks.
Beginning January 1, 2027, most Illinois motorboats over 50 horsepower or at least 21 feet long must carry liability insurance. The new law introduces fines for uninsured operators and could reduce the number of uninsured boating claims.
Major technology companies are fixing security vulnerabilities at a record pace as AI accelerates software testing. While more flaws are being found, there is little evidence that attackers are exploiting them at the same rate.
Long-period swells from Hurricane Genevieve are expected to generate dangerous surf, rip currents, and localized coastal impacts across Southern California through the weekend, even without a direct landfall.
Quantum computers capable of breaking today’s encryption may still be years away, but insurers are already evaluating how long-term cyber exposures, legacy systems, and post-quantum readiness could affect underwriting and future claims.
The agreement would resolve approximately 76,000 ovarian cancer claims if 95% of eligible plaintiffs approve the deal. The settlement follows years of courtroom battles and failed bankruptcy efforts aimed at resolving the litigation.
A bipartisan Senate bill would prevent federal agencies from penalizing insurers that cover state-legal cannabis businesses while preserving state insurance regulation. The proposal also directs the GAO to study financial access barriers for minority-owned and women-owned cannabis companies.
Researchers found a vulnerability affecting dealer-installed KARR and related vehicle security systems sold primarily through Southern California dealerships. The manufacturer has issued a firmware update, but vehicle owners must install it through the mobile app.
